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(MagnaElectr) Magna Electr complete technical analysis [charts+indicators] | Buy/Sell Magna Electr | (MagnaElectr) share price targets

Complete technical analysis of Magna Electr (MagnaElectr) by charts plus indicators, forecast predictions and share price targets for Magna Electr (MagnaElectr)

10 day averaged volume of Magna Electr is 3450

Date Daily Closing Price Open High Low Volume
07 Fri Oct 2022 336.15 335.00 350.00 332.00 1.272 times
06 Thu Oct 2022 344.80 321.80 353.40 320.15 0.998 times
04 Tue Oct 2022 336.95 335.00 346.50 318.50 0.667 times
03 Mon Oct 2022 330.00 330.00 334.50 321.00 0.366 times
30 Fri Sep 2022 318.95 300.00 318.95 300.00 0.774 times
29 Thu Sep 2022 303.80 315.00 315.00 303.75 1.352 times
28 Wed Sep 2022 319.70 323.95 323.95 307.80 0.715 times
27 Tue Sep 2022 324.00 322.00 335.00 310.20 2.456 times
26 Mon Sep 2022 326.50 321.00 340.00 317.30 1.925 times
23 Fri Sep 2022 333.95 326.00 338.95 319.00 0.539 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 340.8 as stoploss in an intra day sell trade for a target of 331.19. However, stock will show a bullish move above 340.8.

Share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Target 150.95
Downside Target 165.00
Downside Target 180.00
Downside Target 186.85
Downside Target 214.60
Downside Target 300.00
Downside Target 312.40
Upside Target 340.00
Upside Target 350.00
Upside Target 353.40
Upside Target 357.80
Upside Target 365.00
Upside Target 370.00
Upside Target 399.55

Intraday share price targets for Magna Electr (MagnaElectr)

Target Type Value
Downside Intraday Target 318.63
Downside Intraday Target 301.12
Upside Intraday Target 353.53
Upside Intraday Target 370.92
Downside Intraday Target 336.02

Weekly technical analysis of Magna Electr (MagnaElectr)

Date Weekly Closing Price Open High Low Volume
07 Fri Oct 2022 336.15 330.00 353.40 318.50 0.457 times
30 Fri Sep 2022 318.95 321.00 340.00 300.00 2.394 times
23 Fri Sep 2022 333.95 324.15 350.00 319.00 0.401 times
16 Fri Sep 2022 328.05 344.20 357.80 323.00 0.531 times
09 Fri Sep 2022 344.20 347.00 365.00 312.40 1.36 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Magna Electr (MagnaElectr)

Date Monthly Closing Price Open High Low Volume
07 Fri Oct 2022 336.15 330.00 353.40 318.50 0.096 times
30 Fri Sep 2022 318.95 370.00 370.00 300.00 0.266 times
30 Tue Aug 2022 362.50 186.85 399.55 186.85 10.813 times
29 Fri Jul 2022 190.60 174.95 214.60 165.00 1.447 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Magna Electr (MagnaElectr)

Indicator Name Indicator Value Indicator Signal
ADX 20, 9, 36 Buy
MACD 19, 21Sell
Stochastics 75Buy
CCI 102Sell
RSI 61Buy
OBV -31591Sell
VWAP 326Buy
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Magna Electr ( (MagnaElectr) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Magna Electr stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Magna Electr in short term but the sell signal is initial and weak.

Magna Electr Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Magna Electr in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Magna Electr is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 326.07 and Magna Electr (MagnaElectr) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Magna Electr (MagnaElectr) stock. Volume based technical analysis of Magna Electr (MagnaElectr) stock is negative.

Magna Electr Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Magna Electr charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

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